Materials by tag USD

The oldest cryptocurrency,Bitcoin, spent most of its time tightfitting on the price marks beyond $10,000 but failed to see any significant movement. However, on Monday early morning this week, there has been a massive trading in Asia which has made Bitcoin (BTC/USD) to trade above the $10,640 level, hence, taking its new resistance level.

The beginning of a new week started with a slight uptrend with all of the top 30 cryptocurrencies trading in green. During the weekend, Bitcoin spent more of its time consolidating above the $10,000 mark.

The Trade War between the United States of America (USA) and China could cause another rally for Bitcoin, Ether, Ripple and other popular cryptocurrencies. The economic war could ultimately spread into the USA bond market, with China liquidating US Treasuries. Gold seem to be flat compared to Bitcoin. Investors affected by the trade war have decided to seek refuge in blockchain and digital currencies.

The cryptocurrency market continues to show bullish price rally as almost all the top 100 digital currencies remain trading in the green, at press time, according to the coinmarketcap (CMC) data. Bitcoin (BTC/USD) is currently trading above $8,700 and shows a possibility of hitting and surpassing the $9000 price level, should we assume that the next bull is on the market’s door knocking.

There is a good possibility Ethereum (ETH) futures contract will be approved if it complies with the set regulatory standards, according to an anonymous senior official at the United States Commodity Futures Commission (U.S CFTC) who refused to be identified for security reasons.

Ms. Julia Della Scala is a talented journalist with over 20 years in writing, marketing management and business development. Active in the DLT space, she has assisted dozens of startups in their journeys to investigate and initiate successful blockchain-powered solutions, enabling to streamline processes, tokenize assets and draw contributors globally.

The 26th crypto by market capitalization and one of the oldest altcoins with a lot of users, Dogecoin (DOGE), entered April with significant value gains and was among the top cryptocurrencies that recorded weighty gains after Elon Musk, Tesla and SpaceX founder, made some positive comments about the coin. The all-time high and low for the coin is $0.018773 USD (Jan 07, 2018) and $0.000085 USD (May 07, 2015) respectively.

An official announcement from the office of the New York (NY) State Attorney General has revealed that the responsible authority is carrying out thorough investigations into iFinex, the firm behind stablecoin Tether and cryptocurrency exchange Bitfinex, in a purported $850 million fraud case.

The volatile nature of cryptocurrencies seems not to settle quickly, Bitcoin (BTC) was seen skyrocketing during last weekend’s trading periods, it’s now less than 24 hours later but the market is back in the red. At press time, BTC/USD is trading at $5,257 – dropping with gravity from $5,343, Ethereum (ETH/USD) is at $180 – it has dropped from $182 and Ripple (XRP/USD) is changing hands at $0.356 after failing to break beyond $0.38, with a 24-hour change of 1.10%, 2.33% and 0.84% respectively, according to CMC data.